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Fidel SoftechNSE:FIDEL -0.27%86 ROC (Joel Greenblatt) % is 149.13% as of Mar. 2026, which is 9% above its 10-year median of 136.81. GuruFocus rates NSE:FIDEL with a GF Score™ of 86/100 and a GF Value™ of ₹315.91 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,819 Software companies, Fidel Softech ranks better than 78.22% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Fidel Softech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 149.13%.
The historical rank and industry rank for Fidel Softech's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:FIDEL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 74.55 Med: 136.81 Max: 1873.75
Current: 139.84
During the past 7 years, Fidel Softech's highest ROC (Joel Greenblatt) % was 1873.75%. The lowest was 74.55%. And the median was 136.81%.
NSE:FIDEL's ROC (Joel Greenblatt) % is ranked better than 78.22% of 2819
companies
in the Software industry
Industry Median: 19.59
vs NSE:FIDEL: 139.84
Fidel Softech's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -35.90% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Fidel Softech ROC (Joel Greenblatt) % Related Terms
Fidel Softech ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Fidel Softech's ROC (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:FIDEL vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Fidel Softech's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fidel Softech ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Fidel Softech's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fidel Softech's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a ROC (Joel Greenblatt) % of 149.13% mean?
Fidel Softech (NSE:FIDEL) has a ROC (Joel Greenblatt) % of 149.13% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Fidel Softech and its competitors. This is near median its historical median of 136.81. Over the past decade, Fidel Softech's ROC (Joel Greenblatt) % has ranged from 74.55 to 1,873.75. According to the industry distribution chart, Fidel Softech ranks #614 out of 2819 companies in the Software industry, placing it in the top 21.8%.
Is Fidel Softech's ROC (Joel Greenblatt) % too high?
Fidel Softech's current ROC (Joel Greenblatt) % of 149.13% is near median its 10-year median of 136.81. Over the past 10 years, this metric has ranged from a low of 74.55 to a high of 1,873.75. The Software industry median ROC (Joel Greenblatt) % is 19.59. Fidel Softech's value of 149.13% is 661.3% above this industry median. Based on the distribution chart, Fidel Softech ranks #614 out of 2819 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Fidel Softech has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fidel Softech's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Fidel Softech ranks #614 out of 2819 companies for ROC (Joel Greenblatt) %. This places Fidel Softech in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.59. Fidel Softech's value of 149.13% is 661.3% above this benchmark. Historically, Fidel Softech's own ROC (Joel Greenblatt) % has ranged from 74.55 to 1,873.75 over the past decade. While the company's 10-year median is 136.81 vs. the industry median of 19.59, Fidel Softech has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.59, based on 2,819 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fidel Softech's current ROC (Joel Greenblatt) % of 149.13% is 661.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Fidel Softech and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidel Softech's current ROC (Joel Greenblatt) % is 149.13%, which is near median its own 10-year median of 136.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidel Softech stock overvalued right now?
Based on GuruFocus' analysis, Fidel Softech (NSE:FIDEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹315.91, compared to a current price of ₹148.95 — trading 52.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 149.13%, which is near median its 10-year median of 136.81 and 661.3% above the Software industry median of 19.59. Fidel Softech's overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Fidel Softech (NSE:FIDEL), the current ROC (Joel Greenblatt) % is 149.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fidel Softech (NSE:FIDEL) Overvalued in 2026?
Based on GuruFocus' analysis, Fidel Softech stock appears to be undervalued.
The current stock price of ₹148.95 is trading 52.9% below its estimated GF Value™ of ₹315.91.
GuruFocus considers Fidel Softech to be Possible Value Trap.
Key valuation signals for NSE:FIDEL:
ROC (Joel Greenblatt) %: 149.13% (near median its 10-year median of 136.81)
GF Value™: ₹315.91 vs. price of ₹148.95 (52.9% below fair value)
Industry Position: 661.3% above the Software median (#614 of 2819)
No single metric tells the full story. See the NSE:FIDEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fidel Softech Ltd predominantly works with clients across diverse domains in the areas of Technology Implementation, Localization Services & Consulting or Staffing services. The company is operating only in one segment, namely Language Technology Services and Consultancy Services. Its service offerings include Technology Implementation Services including Software development, Testing, Enterprise solution Implementation & Support (ServiceNow, AWS, Automation Anywhere), Localization services including translation, software localization, video subtitling, consulting and staffing services for developers, testers, automation engineers, and enterprise support engineers among others. Geographically, the company generates a majority of its revenue from its customers located outside India.
86GF Score
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